watching this area very close what could possibly happen if we dont apply risk management its either you win or become liquidity how many are watching this zone?Shortby GHOSTFOREXReaperUpdated 3
Gold Daily Trading Plan 6/19/2024The trend line worked perfectly yesterday. Buying still is the main strategy. Will buy from 2325 level. If 2337 is broken, target will be at least 2349.Longby SteadyFund2
Gold 1 H If Break Up We Will Bullish In these days we heard news about war around the world and i am complitly bullish on goldLongby habibpayk3
it is time to buy againit is a good to buy again, i assume that market will have a bullish move again to reach the main level. good luck Arya the traderLongby Aryanouri3
The Safe Haven Won't Be So Safe Any LongerWho know's what's coming as for news and real world, geopolitcal events? Not me... But as for the chart, the macro outlook on Gold paints a very interesting picture. Does it point to the acheivement of world peace or rather something we've never seen before? Maybe neither of the two, but $117 is a legitimate, long-term, macro target for gold. You heard it here first.Shortby DigitalSurfTradingUpdated 115
XAUUSD, M15, selling probabilityI am expecting a selling probability in M15, as it has sweep the liquidity and have the wicks on upside on next candles also which is also called shooting stars, showing the selling momentum. good luckShortby ForexFeverYT2
Gold is Ready For BullHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters2000Updated 3
XAU USDXAU USD reacted unfavorably to the resistance zone 2334 , failing to generate a strong bearish move and instead going the sideways trend. Shortby teriforexpremium2
Sell idea - GOLD XAUUSDSelling again here, the last shorts got stopped out. XauUsd Gold sell idea! Heed your DD!Shortby FroggyFXUpdated 14
XAUUSD 1H - Consolidations Trading Setups - C.I.R.C. MethodThe chart above showcases various consolidations and their formation dynamics. Consolidation, Initiation, Retracement, Continuation (CIRC) Consolidations What are “consolidations”? Consolidations, often labeled as “ranges” in mainstream trading, hold a deeper meaning at T.T.T. Here, consolidations are the playgrounds of the BFI, zones where prices oscillate between highs and lows, as illustrated below. Within these confines, intentions simmer as BFI stack orders to propel future price movements. We confidently trade consolidations, fully aware of the intricate dynamics unfolding within the market’s underbelly.Educationby Anonymous_Analyst3
More downside for goldHi traders, Last week XAUUSD made another correction up. So next week after it finished the correction up we could see this pair go down again to finish the bigger complex W-X-Y pullback. Let's see what price does and react. Trade idea: Trade sells after the finish of the correction up and a change in orderflow to bearish on a lower timeframe. If you want to learn more about trading with ICT/ SMC concepts and wave analysis, please make sure to follow me, give a like and respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! EduwaveShortby EduwaveTrading2
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.Shortby syomking76418Updated 4
Are we on a ABCDE retracment in daily XAUUSD ?Its possible that in daily timeframe we are on a corrective ABCDE structure ! as chart . what do you think ? Longby BeyondXAUUpdated 3
economic reports and indicators can impact the price of GOLDOANDA:XAUUSD 1. Consumer Price Index (CPI) - Description: Measures the average change in prices paid by consumers for goods and services over time. - Impact: A higher CPI indicates higher inflation, which typically leads to increased gold demand as a hedge against inflation. Conversely, a lower CPI may reduce demand for gold. - Example: If the CPI rises significantly above expectations, gold prices usually increase as investors seek protection against inflation. 2. Producer Price Index (PPI) - Description: Measures the average change in selling prices received by domestic producers for their output. - Impact: Similar to CPI, a higher PPI indicates rising inflationary pressures at the wholesale level, which can eventually translate to higher consumer prices, prompting investors to buy gold. - Example: A sharp increase in PPI can signal rising future CPI, leading to preemptive buying of gold. 3. Gross Domestic Product (GDP) - Description: Represents the total value of goods and services produced over a specific time period within a country. - Impact: Strong GDP growth may lead to higher interest rates as the central bank tries to control inflation, potentially reducing gold’s appeal. Conversely, weak GDP growth can increase gold’s appeal as a safe haven. - Example: A lower-than-expected GDP growth rate can lead to increased gold buying as it may signal economic trouble. 4. Employment Reports (Non-Farm Payrolls, Unemployment Rate) - Description: Non-Farm Payrolls report provides data on the number of jobs added or lost in the economy, excluding the agricultural sector. The unemployment rate measures the percentage of the labor force that is unemployed. - Impact: Strong job reports typically lead to higher interest rates, which can negatively impact gold prices. Weak job reports may lead to lower rates and higher gold prices. - Example: A disappointing Non-Farm Payrolls report can lead to a surge in gold prices as it may signal economic weakness and prompt a dovish stance from the Federal Reserve. 5. Federal Reserve Interest Rate Decisions - Description: The Federal Reserve’s decisions on interest rates, often accompanied by statements and press conferences. - Impact: Higher interest rates make non-yielding gold less attractive, leading to lower prices. Lower interest rates make gold more appealing - Example: If the Federal Reserve signals a dovish stance or cuts interest rates, gold prices typically rise. 6. Federal Open Market Committee (FOMC) Minutes - Description: Detailed records of the FOMC’s meetings, providing insights into economic conditions and the monetary policy outlook. - Impact: Indications of future rate cuts or economic concerns can boost gold prices, while hints of rate hikes can suppress them. - Example: Dovish FOMC minutes indicating concerns about economic growth can lead to higher gold prices. 7. Geopolitical Events and Economic Uncertainty - Description: Events like political instability, wars, trade tensions, and other forms of economic uncertainty. - Impact: Geopolitical tensions and economic uncertainty typically boost gold prices as investors flock to safe-haven assets. - Example: Escalating tensions between major economies can lead to a spike in gold prices as a risk-off sentiment prevails. 8. Global Economic Reports - Description: Reports from major economies like the Eurozone, China, and Japan, including their CPI, GDP, and employment data. - Impact: Economic performance in major economies affects global investor sentiment and demand for gold. - Example: Weak economic data from China, a major consumer of gold, can increase global gold prices as investors seek safe havens. by ArinaKarayi3
GOLD 19/6/2024 will gold reaches 2370 soonGOLD 19/6/2024 will gold reaches 2370 soon wait the gold to break 2338 and aim for 2370Longby GoldInsightsHubUpdated 3
XAUUSDXAU/USD represents the price of gold in terms of the US dollar. It's a widely traded commodity pair in the financial markets. Here’s a quick overview: 1. **Price Movement**: The value of XAU/USD fluctuates based on various factors, including economic data, geopolitical events, and central bank policies. 2. **Economic Indicators**: Key indicators that impact the price include US inflation rates, interest rates set by the Federal Reserve, and the strength of the US dollar. 3. **Safe-Haven Asset**: Gold is often considered a safe-haven asset, meaning it tends to be in higher demand during times of economic uncertainty or market volatility. 4. **Market Sentiment**: The overall sentiment in financial markets can drive the price of gold. Bullish sentiment often leads to higher prices, while bearish sentiment can cause prices to fall. Shortby HavalMamar112
sidewayswe have been in consolidation for almost a week now. I think we will test that level of resistance(2342-55) once again to see if it will still hold. hopefully bear will take over from there.Longby ForxTayUpdated 3
UPDATE XAUUSD Gold shortUpdate I will look short until price breaks above 2342. Entry: if price breaks below 2326 I will wait for retracement and enter. We have to wait our strategy, otherwise our trade will go not as we planned. We should take action according to the price action, not what you think or expect. TP1: 2319 TP2: 2296 SL: 2343 Please trade on your own risk. Good luckShortby Badi_GunnarsUpdated 1114
The US Federal Reserve (Fed) decided to keep interest rates unchThe US Federal Reserve (Fed) decided to keep interest rates unchanged The Fed's main message is that inflation remains high and a tightening policy stance needs to be maintained for a while longer. This means that the USD is still at a high level, reducing excitement in the gold market. Markets will shift their focus to Europe this week as the Swiss National Bank and the Bank of England will both announce their monetary policy decisions on Thursday morning. The market will also get the Empire State manufacturing index on Monday and retail sales for May on Tuesday. Then Thursday brings housing starts and building permits for May, as well as weekly jobless claims and the Philly Fed manufacturing index. The week's data ended with existing home sales Friday morning.Longby TrategySherpaUpdated 3
XAUUSD 16/6/24This week on gold, we are looking at the same range we had last week on the 4-hour chart. We expect prices to either move even lower from the last confirmed low within the range or break this range and push into the area of unmitigated supply above. Our preferred move is for the price to drop slightly lower, then run higher into the area of supply, and subsequently sell off, following the higher timeframe bias we have for this pair. A key point to remember is that we might not get a pullback, and the price could actually shift bullish if the last major high is broken. If this is the case, we are looking for a bullish run of the daily highs. For now, we are bearish, and I expect this to sell off further for the time being. Follow price action and trade your rules.by rosshayes2
Gold Trading Weekly Forcast 6/17/2024I am expecting Gold to form a head and shoulder pattern this Jun. Ultimate top should be from 2387 to 2415. Coming week's strategy will be buying from below 2350 and selling from above 2368.by SteadyFund2
#XAUUSD: As we planned, everything is moving as expectedDear Traders, As we explained in our previous charts that gold will rebound from 2290 region and price did exactly as we expected. Now we expect price to continue the bullish momentum up until 2500$ region, which will be our long term entry. There are major economical data on our way in this week also next week, those may impact the future trend of the Gold. However, we remain firm with our positions. **If you like our work please like and comment, follow for more such educational content**Longby Setupsfx_Updated 2221
XAU/USD 21 June 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price is reacting at premium of 50% EQ of the swing range, which is marked in black. Price could potentially continue to trade bullish, react at either premium of 50% EQ or H4 supply level before targeting weak internal low. Strong swing low is expected to hold, however, it would be worth noting the swing low must be taken as the weekly and daily TF's are both in pullback phase. Intraday expectation: Price to target weak internal low H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. As per expectation price reacted at the M15 POI and printed a bullish iBOS Price has printed a bearish CHoCH indicating, but not confirming bearish pullback initiation following bullish iBOS. Intraday expectation: Price to either react at discount of 50% or M15 EQ before targeting weak internal high. It is important to keep in mind that H4 is in bearish pullback phase, as are all other HTF's, therefore, price could target strong internal low. M15 Chart: by Khan_YIK2